TRANSIT DRAWDOWN RESOLUTION

Board of County Commissioners · 2026-07-21 · resolution

[case 261079 (Resolution R-621-26)] This document is a legislative resolution (File Number 261079, Resolution R-621-26) adopted by the Miami-Dade County Board of County Commissioners on 7/21/2026. It authorizes the issuance of up to $350,000,000.00 in Transit System Sales Surtax Revenue Bonds for transportation and transit projects under the People's Transportation Plan. The bonds are to be issued through a drawdown program with Wells Fargo Municipal Capital Strategies, LLC as the purchaser, with a maximum of $200,000,000.00 outstanding at any one time. The resolution approves the negotiated sale, authorizes the County Mayor to finalize terms, and waives provisions of Resolution R-130-06. The specific projects are described in Appendix A, which is not included in the provided text. No specific street address, parcel, acreage, or zoning change is stated. No public comment or stakeholder sentiment is recorded in the document.